Starcore International Ventures - Goldproduzent mit KGV <3 bricht aus! (Seite 177)

[German2]

die Zahlen fürs letzte Quartal sind ma wieder nich befriedigend.. verlust und das bei diesen preisen... nachzulesen bei Sedar...


der verlust kommt vor allem durch den Abbau von Erzen niedriger grage (2g/T) da die bis März eine neue Ramo bauen.. danach sind die Zonen mit höheren Graden wieder erreichbar. also alles temporär...

..dafür wurden die Schiulden wieder ein Stück zurückgeführt... man braucht hier geduld , aber langfristig sollten sie es schaffen

[silbernd]

interessante Situation.......mal schauen

[silbernd]

Goldproduzenten in turbulenten Zeiten sind sicher nicht verkehrt.....

....aktueller Zwischenstand bei SAM: 0,46 CAD / +5,74% / Vol. 48,0k

[silbernd]

[urlArche Gold]http://www.goldseiten.de/content/diverses/artikel.php?storyid=6775[/url]

Mein erster Gedanke ist, dass man mehr Geld vom Dollar weg bewegen sollte. Er fällt immer weiter gegenüber dem Euro und gegenüber Gold. Wenn ich noch einmal darüber nachdenke, dann denke ich, dass ich nie noch einmal über etwas nachdenke. Ich kehre also zum ersten Gedanken zurück.

Das Problem hierbei ist allzu offensichtlich. Die Regierungen überall auf der Welt überfluten die Erdkugel mit Papiergeld. Gold ist dabei so etwas wie eine Arche Noah. Es kann das Kapital aufbewahren, bis die zusätzliche Liquidität wieder vertrocknet ist. Kein Wunder also, dass alle mit an Bord wollen.

Ich weise immer wieder darauf hin, dass die Geldmenge in den Vereinigten Staaten dreimal so schnell steigt wie das Bruttoinlandsprodukt. In Ländern wir Russland... wächst sie fünf- bis sechsmal so schnell wie das Bruttoinlandsprodukt. Die Inflation in China liegt auf dem höchsten Wert seit 11 Jahren... und mehr als 7% ist langsam alarmierend. Rechnen Sie nicht damit, dass die chinesischen Exporte auch weiterhin die Preise in den Vereinigten unten halten... heute bedeuten sie einfach nur weiteren Inflationsdruck

Gleichzeitig stecken die Massen tief in den Schulden. Sie leben in ihrem wichtigsten Anlagewert, und die Hauspreise sind so ungefähr das einzige, was im Preis fällt. Ihre einzige andere große Ressource ist die eigene Arbeitskraft - welche im weltweiten Vergleich überteuert ist. Eine steigende Inflation wird sie wieder auf ein wettbewerbsfähigeres Niveau bringen.

Die Regierung steckt auch tief in den Schulden. Sie stellt Noten aus, für die sie nicht bezahlen kann… verkauft Anleihen, die sie nicht (mit gleicher Kaufkraft) zurückzahlen kann und macht Versprechen, die sie nicht halten kann. Inflation würde auch hier die Last senken. Mehr noch, die Wächter über das amerikanische Papiergeld sind - wie ich oben erklärte - sind verzweifelt darum bemüht, die Preisstabilität zu verhindern.

Sie wollen, dass der Dollar an Wert verliert, sie sehen darin die einzige Möglichkeit, Mr. Market davon abzuhalten, das zu tun, was natürlich ist.

Und ich will dem noch einen weiteren dämpfenden Umstand hinzufügen, nur um die Hinweise zu verdichten, die darauf hindeuten, dass das Imperium, das auf dem Dollar aufbaut, seine besten Zeiten hinter sich hat. Seit dem Ersten Weltkrieg war Amerika die Hegemonialmacht der Welt. Seit dem Zweiten Weltkrieg war der Dollar die Hegemonialwährung der Welt. Und seit 1971 war das hegemoniale Geld ganz auf sich gestellt... durch nichts gestützt, abgesehen von Zellstoff.

Aber nichts währt ewig. China, Indien und Russland sind beim weltweiten Markt mit eingestiegen. Sie bringen die Sache sehr schnell ins Rollen... sie wachsen schnell... und sie bedeuten, dass sich die amerikanischen Unternehmen einen größeren Wettbewerb um Niedriglöhne stellen müssen, als je zuvor.

Wohlstand und Macht werden mit den Handelswinden über den Pazifik geweht... von Nordamerika nach Eurasien.

All das signalisiert für Amerika, zumindest zum Teil, sowohl einen günstigeren Dollar als auch einen geringeren Lebensstandard - relativ gesprochen. Gemessen an Gold gehe ich davon aus, dass der Dollar weniger wert sein wird. Und dann denke ich wiederum, dass wir, wenn alle Währungen heute im Wettbewerb mit dem Dollar stehen, davon ausgehen können, dass Gold gegenüber allen Währungen steigen wird.

Und da die amerikanischen Behörden vermutlich schwer darum kämpfen werden, diesen unerfreulichen Wandel zu verhindern, sieht es auch so aus, als würde der Goldpreis sich zumindest bis zu dem Gipfelwert erholen, den er im Jahr 1980 erreicht hatte. Damals erreicht Gold kurz die Marke von 850 Dollar. Aber damals war der Dollar auch deutlich mehr wert als heute. Angepasst an den aktuellen Dollarkurs, gehe ich davon aus, dass der Goldpreis die Marke von 2.500 Dollar erreichen wird, ehe dieser Bullenmarkt für das gelbe Metall vorbei sein wird... und damit stehe ich nicht allein da.

Mein geschätzter Kollege Byron King versichert, dass der Goldpreis immer noch einen weiten Weg vor sich hat - und versichert denen, die heute noch in das gelbe Metall investieren müssten, dass sie dazu noch Zeit haben - selbst bei diesen Preisen.

Das einzige was mich an dieser Prognose nervt, ist, dass sie so offensichtlich ist.

© Bill Bonner
Quelle: Auszug aus dem Newsletters "Kapitalschutz Akte"

[KKCS]

March 14, 2008

After Touching $1000, Gold Has Outpaced The Predictions of Most Analysts Already This Year
Minesite
By Charles Wyatt

What fun to look at the forecasts previously made by gold analysts for the price of bullion in 2008 on the day gold hit the US$1,000 mark! And a ripple of pure joy trickles down one’s body on reading in the Daily Telegraph that Goldman Sachs went short of gold at US$810 per ounce, which means that they have some more losses to add to those incurred in sub-prime mortgages. The fact is that Americans - and most of London’s investment banks are currently controlled by Americans - simply cannot get their minds round the fact that the almighty dollar is falling out of bed in a big way. But how some of these banks can profess to advise and manage other people’s money is a question that deserves attention on another day...
Looking back to 2007 the gold price only really got going in the second half of the year. The Financial Times rang the bell when the Lex column took a swing at gold towards the end of August with a piece entitled Stolid Gold. The price of gold had marked time around the US$660 mark and failed to rise as investors scrambled for quality. The yields on three month Treasury bills had fallen by almost 200 basis points and Lex felt gold had failed in its duty to demonstrate safe haven status.

Presumably the teenage scribblers, who had probably never invested in their lives, overlooked the fact that the price of gold had risen by an annual compound rate of 19 per cent since their friend George Brown sold off most of the UK’s reserves. They were more interested in an economic comment by Goldman Sachs that there had been little correlation over the past 20 years between inflation and the gold price. So we know why Goldman Sachs got it wrong.

The average price for gold in 2007 was US$695.39 per ounce. That number is framed by a price of US$629 per ounce at the beginning of the year and US$864.94 at the end. So let’s take a look at the gold analysts’ forecasts for last year first. In Forecast 2008, published by the LBMA (London Bullion Market Association), two analysts thought that gold would average only US$580 – one was Adrien Biondi from Commerzbank International in Luxemburg, and the other Stephen Briggs of Societe Generale in London. If they would like to make their way to the offices of Minesite in the Strand we will split a wooden spoon between them.

Bob Takai of Sumitomo Corporation in Tokyo was fractionally less of a bear with his forecast of an average price of .US$600 per ounce for 2007, but he seems to have learned his lesson as his target for 2008 is an average price of US$850 per ounce and he even has US$1,000 as his peak for the year. He now has to wait another nine and a bit months to see if gold really moves into this new territory. Messrs Bondi and Briggs are already out of the money as they are forecasting peaks of US$900 and US$925 respectively for this year.

Stephen Briggs clearly likes the safe option as his spread between high and low is US$250 per ounce, and comes out at an overall average of US$800 per ounce for 2008. This placed him clearly among the pessimists and he was only beaten by Jeffrey Rhodes of INTI Commodities in Dubai with a US$755 per ounce average and Trevor Turnbull of Scotia Capital in London who reckons gold will average US$750 per ounce this year. Rhodes reckons that the presidential election in November will help the greenback and Turnbull gives a number of reasons for gold to go higher before chickening out with his low average.

So let’s go to the other end of the scale. Last year Adam Graf was way out in front of the pack with his average for gold of US$755 per ounce, and he was followed by Ross Norman of TheBullionDesk.com with a US$710 average. The actual winners were James Gutman, John Reade of UBS Investment Bank and Michael Widmer who all plumped for US$700 per ounce, which was as near as it got. Messrs Gutman and Widmer have decided not to risk their necks by making a forecast for this year so it’s interesting to note that John Reade has gone for a top of US$1,000 and a bottom of US$700 and an average for 2008 of US$825 per ounce.

It’s also fascinating to see that only 14 of the 24 analysts who made forecasts for 2008 reckoned that gold would get to US$1,000 per ounce. Maybe some of them live in a slightly different world, as the word over a glass or two since Christmas has always seemed to focus on when, not if, it will hit the target. To be fair, however, we now have the benefit of hindsight and gold was only US$864.94 per ounce at the turn of the year, so US$1,000 still seemed a distance away.

Even so, it’s amusing to see two analysts arguing over the level of mine production this year. Jeffrey Christian thinks it will go up which seems to fly in the face of most of the facts as seen by those involved in the mining industry, whereas Suki Cooper of Barclays Capital says that on a fundamental basis mine supply remains constrained. It is the old question that analysts face as to whether to produce an argument which fits with what their head or their heart is telling them.

Over-riding all this is the fact that it is a brave - or silly - analyst who is prepared to stand out from the crowd. Plaudits will be few, even if he is right, and if this stand-out opinion is in contrast with that of his employer he runs the risk of getting shot.

Maybe this is why Ross Norman, founder of TheBullionDesk.com, was the only one prepared to go as high as US$1,250 per ounce for gold this year. His average for the year is US$976 and this has to make sense compared with those at the bottom end. Never forget that to average US$800 or less the price will have to be down around the US$600 per ounce mark for quite a period this year.

The only analyst more bullish than Ross was Rene Hochreiter of James Allen in Johannesburg who goes for an average and a peak of US$1,050 per ounce in 2008. His reasoning is more succinct than any of the others and so is probably worth repeating. “A slowdown in the creation of new mines, new production and exploration projects should support the price, as well as continued US dollar weakness.” And so say all of us.

[silbernd]

Wirtschaftsnews - von heute 12:16
Massiver Produktionsrückgang in Südafrikas Minen
Johannesburg 14.03.08 (www.rohstoffe-go.de)
Wie das südafrikanische Statistikbüro meldet ist der Ausstoß in den Minen des Landes im Januar um 11 % verglichen mit dem Vorjahreszeitraum zurückgegangen. Grund dafür ist vor allem der komplette Stromausfall für fünf Tage, der zum Stopp der Produktion in den Minen geführt hat.
Die Goldproduktion ging um 17 % zurück, die Produktion von anderen Minen sank im Januar um 9,6 %.
Die Auswirkungen des Stromausfalls sind weitreichend, so meldete die Gold Fields dass man 6.900 Stellen streichen könnte, dies entspräche 13 % der Stellen in Südafrika.

[married]

Antwort auf Beitrag Nr.: 33.637.386 von KKCS am 14.03.08 07:38:11

.

Schöne Kopie

die erneut die Frage auslösen könnte

" hat STARCORE zur Zeit etwas mit dem Goldpreis gemeinsam ? "



.

[KKCS]

[urlGold Breaks $1,000 Threshold!
]http://www.resourceinvestor.com/pebble.asp?relid=41185[/url]

By Jon A. Nones
13 Mar 2008 at 01:42 PM GMT-04:00


St. LOUIS (ResourceInvestor.com) -- The waiting is over and the celebration has begun. At 10:35 a.m. New York time on Thursday, spot bullion reached a historic high of $1,000.25 bid shortly after gold futures hit $1,001. But today’s breach of the $1,000/oz level is still less than halfway to the inflation-adjusted record set in 1980.

“Analysts who are either uninformed or would prefer not to face reality will say gold is overvalued and due for a correction. They will be proved wrong again as gold is more than likely to surpass its inflation-adjusted dollar high of $2,300 per ounce in the next 3 to 7 years,” said Mark O’Byrne, director of Gold and Silver Investments Ltd., in e-mailed market update.

Since the start of 2008, the value of gold has increased by about 20%, after rising 32% in 2007. The value of the dollar as compared with euro has fallen 4% this year, after dropping 11% in 2007.

Most agree that gold will extend its rally as long as the dollar continues to collapse and U.S. economic growth fears remain.

In morning trade, the euro exceeded $1.56 for the first time and the dollar fell as low as 99.75 yen. It was the first time the U.S. currency has traded below 100 yen since November 1995, down nearly 10% since the start of the year.

The U.S. Dollar Index fell 0.271 to 72.027, already down 5% in 2008.



“The combination of dollar aversion, risk aversion and carry trade unwinding are creating a head of steam for the dollar bears,” said O’Byrne. “The other yen crosses are being driven lower by the dollar/yen element but the impact of this on the carry trade should not be underestimated.”

O’Byrne explained that hedge funds leveraged carry trade positions that have been moving higher over the past number of years are starting to fall fast. All the high yielding currencies are continually coming under pressure against the Japanese currency and carry trade capitulation could be on the horizon, he said.

“The question is where does the money flow to, as it flows out of the carry trades? As equities continue to look weak and the Treasury markets look overvalued, the hard assets of the commodity market and especially the precious metals continue to look like the safest place to store funds,” he concluded.

Overseas, Japan's stock market fell by the largest amount in 2 1/2 years, with the Nikkei 225 index tumbling 427 points to 12,433.44. In morning trading, the Dow Jones industrial average fell 192.78 to 11,917.46. The Standard & Poor's 500 index lost 21.84 to 1,286.93, and the Nasdaq composite index fell 31.42 to 2,212.45.

Jon Nadler, senior analyst at Kitco Bullion Dealers, said in a market update this morning to keep an eye on the Dow and on gold's closing levels.

“This might also be a day where we see the Dow reversing a good part of the 400+ point rally from two days ago,” he said. “A deeper slump could once again raise the specter of margin-call related sales in other assets.”

U.S. stock markets rebounded from earlier losses later in the day, however, after Standard & Poor predicted financial companies are nearing the end of the massive asset write-downs. The Dow was last trading up 31.02 at 12,141.26, the S&P 500 index rose 5.65 to 1,314.42 and the Nasdaq rose 16.45 to 2,260.32.

The U.S. dollar has been declining on growing speculation that the Federal Reserve will cut interest rates further to shore up the U.S. economy and calm jittery financial markets. Interest rate cuts, and the prospect of more on the way, have weakened the dollar so much that foreign investors can buy dollar-based commodities like gold more cheaply.

The Fed has cut rates to 3% from 5.25% in September, with its next interest-rate setting meeting scheduled for March 18. Traders are betting on the likelihood the Federal Open Market Committee will lower its fed funds target rate by three-quarters of a point, or 75 basis points, to 2.25% in March.

On Wednesday, however, the Fed announced an unprecedented move to pump $200 billion into global markets to try and ease a credit crunch that threatens to derail the economy, putting more inflationary pressure on the dollar. Likewise, President Bush’s stimulus package of tax rebates will add $168 billion to the deficit over two years.



“Déjà vu all over again in the world’s markets overnight and this morning as the latest in a long line of Federal Reserve interventions was realized to be another finger in the dyke of the U.S. and global financial and economic crisis,” said O’Byrne.

As of mid-February, the U.S. federal budget deficit was now running at a pace that is more than double last year’s imbalance. The Bush administration has projected that the deficit for all of 2008 will total $410 billion, very close to the all-time high of $413 billion in 2004.

James Moore, analyst at TheBullionDesk.com, said in a market note that inflationary pressures from rising oil prices and continued concerns about the U.S. economy and credit liquidity have led sentiment to turn more and more positive on gold.

“Given the return of credit market liquidity worries and supportive movements in both oil and the dollar, it looks as if the corrective phase in gold has come to a close,” he added.

Nadler noted that it has taken an estimated $600 billion credit debacle and 6 months to lift gold from $730 to $1,000, as dollar-denominated commodities have all benefited from the intense fund attention.

“The same funds will now become increasingly conflicted on whether to push the envelope further based on potential further billions being added to the problem or whether to scale back from the sector as some corners begin to be turned,” he said.

Nadler expects volatility of a much larger order of magnitude in these markets and every single news item to matter much, much more.

“Keep very alert and take nothing for granted. Even on a day of such celebration. We already know how we got here. The bigger/better question is: ‘What next?’”

After reaching $1,001 on the New York Mercantile Exchange, gold for April delivery dropped slightly to $994.50. Spot gold was last up $9.00 at $992.40 bid after hitting $1,000.25 bid earlier in the day.

Crude oil for April delivery hit $111 a barrel on the New York Mercantile Exchange in mid-morning trading. It was last seen almost flat at $109.95 a barrel, but has gained nearly $6 since Monday.

May silver futures rallied 86 cents or 4.3% to $20.86 an ounce, already up 40% this year. April platinum soared $30 to $2,100 an ounce, while June palladium gained $2.10 to $513 an ounce. May copper edged up 1 cent to $3.85 a pound.

[e39]

Antwort auf Beitrag Nr.: 33.633.991 von German2 am 13.03.08 18:34:02

Hey Jammersocke, frag doch bei Starcore einfach nach, dann biste schlauer?

[married]

Antwort auf Beitrag Nr.: 33.634.554 von Albatossa am 13.03.08 19:20:54

.

Zwei Möglichkeiten hast du vergessen:

5.) Es werden zur Zeit "friendly" Übernahmeverhandlungen geführt mit der Vereinbarung / Absprache sich mit kursverteuernden news zurückzuhalten.

6.) Ein "Großer" hält den Kurs in einem bestimmten Korridor um ( entsprechend dem " Durchschnittskurs der letzten 3 Monate " ) ein erhöhtes Übernahmeangebot hinzulegen.

IMHO

.